118 Prospect Road

    118, PROSPECT ROAD, WOODFORD GREEN, IG8 7ND

    This terraced freehold property on Prospect Road last sold in March 2016 for £500,000. Based on price growth in the IG8 district since then, its estimated current value is £652,357 — placing it in the 88th percentile nationally and the 55th percentile within IG8. The property covers 87 m² (936 sq ft), giving an estimated value of £7,498 per m². The EPC rating is F, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    936 sq ft

    87 m²

    Last Sale Price

    £500,000

    Mar 2016

    Estimated Valuation

    £652,357

    Est. £/sq ft

    £697/sq ft

    £7,498/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentF
    EPC potentialC
    Floor area936 sq ft (87 m²)
    EPC dateSept 2012
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Mar 2016

    £500,000

    11 Feb 2014

    £365,000

    20 Dec 2012

    £321,000

    16 Jan 2007

    £264,000

    29 Jun 1995

    £70,000

    Key Metrics

    Estimated valuation£652,357
    Value per sq ft / m²£697/sq ft (£7,498/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG8 district percentile55th percentile
    National percentile88th percentile

    District Context — IG8

    IG8 covers parts of Essex in the outer London commuter belt, including areas around Loughton and Theydon Bois. It is a suburban, family-oriented location with good transport links and relatively affluent demographics.

    Average Property Price - IG8

    £664,738

    92

    National percentile

    Average Net Household Income - IG8

    £55,092

    95

    National percentile

    10-Year Annualised Price Growth - IG8

    3.3%

    38

    National percentile

    10-Year Annualised Rent Growth - IG

    4.2%

    71

    National percentile

    View full analysis for IG8

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